Scaled down rate of GST on purchase or sale of Playing cards

 

Diminished GST amount of rate on purchase or sale of Playing cards

 

Present Indian GST charges on Playing cards? Goods and Service Tax rate for Playing cards? GST duty payable on Playing cards?

diminished GST amount of rate on purchase or sale of Playing cards


This information helps to know more about diminished GST amount of rate on purchase or sale of Playing cards.


Playing cards falls under GST HSN code chapter 9504. The GST rate fixed on Playing cards by GST council on 18th May, 2017 was 28%. However, GST council scaled down rate of GST on purchase or sale of Playing cards to 12% as per GST council meet held on 11th June, 2017.

 

GST rate fixed on Playing cards as per GST council meet on 18th May, 2017 is 28%

GST rate reduced on Playing cards according to GST council meet held on 11th June, 2017 is 12 %.

 

 

 


The above details about diminished GST amount of rate on purchase or sale of Playing cards is only for information.


The validity of above information and amendments about diminished GST amount of rate on purchase or sale of Playing cards may be verified before any business dealing.


The Council has broadly approved the GST rates for goods at nil rate, 5%, 12%, 18% and 28% to be levied on certain goods. According to GST slabs, the most essential goods and services fall under the exempt list while Commonly used Goods and Services have been put in the lowest tax bracket of 5 per cent. Standard Goods and Services are in 12 per cent tax bracket, the government has kept a large number of items under 18% tax slab. only Special category of Goods and Services including luxury goods fall in the top tax bracket of 28 per cent. Luxury goods and services and certain specific goods and services attract additional cess than 28% GST.


I hope, this article can enlighten you on basic idea on diminished GST amount of rate on purchase or sale of Playing cards. You can express your views on diminished GST amount of rate on purchase or sale of Playing cards.

 

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